<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 17): Excel Force MSC Bhd has proposed a one-for-two share split to increase the liquidity of its shares.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, the group said the share split involves the subdivision of every one existing share into two split shares, which would halve its share price to below RM1 per share.</p></div>

<div class=newsTextDataWrapInner><p>Excel Force said the share split would result in more affordable share price that would appeal to a wider group of public shareholders and investors.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The proposed share split may also improve the trading liquidity of the ordinary shares in the company on the Main Market of Bursa Securities by increasing the number of shares in issue,” it said.</p></div>

<div class=newsTextDataWrapInner><p>Subsequent to the share split, Excel Force’s issued share capital will grow to 413.73 million shares under a minimum scenario, from 206.87 million currently.</p></div>

<div class=newsTextDataWrapInner><p>The group’s share base could grow up to 620.30 million shares assuming full exercise of its outstanding warrants.</p></div>

<div class=newsTextDataWrapInner><p>The share split is subject to shareholders’ approval at a forthcoming extraordinary general meeting. It expects the exercise to be completed by the third quarter of this year.</p></div>

<div class=newsTextDataWrapInner><p>Excel Force shares closed two sen or 1.09% lower at RM1.81 today, giving it a market capitalisation of RM374.43 million.</p></div>


KUALA LUMPUR (April 17): Excel Force MSC Bhd has proposed a one-for-two share split to increase the liquidity of its shares.

In a filing with Bursa Malaysia today, the group said the share split involves the subdivision of every one existing share into two split shares, which would halv...

Excel Force proposes 1-for-2 share split to increase trading liquidity

Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.

Inspector-General of Police Tan Sri Razarudin Husain clarified that the initial statement of the suspect being a member of Jemaah Islamiyah (JI) was based on his father's involvement with the terrorist group.

IGP: Suspect in Ulu Tiram police station attack not linked to terrorist group

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.

Of the world’s 20 largest stock markets, 14 have hit all-time highs recently.

From Tokyo to New York, stock markets are on a record-hitting spree around the world

All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.

Ulu Tiram attack: Seven suspects remanded are locals, says IGP

The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.

Vietnam nominates top police official To Lam as state president

Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.

In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.

Maybank, Manchester United launch new co-branded credit card in Indonesia

China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.

China probes agriculture minister for suspected disciplinary violations

Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.

Abang Johari optimistic Sarawak's revenue will grow in next two to three years

A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.

Russia froze Deutsche Bank, UniCredit assets in Gazprom JV case

The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.

Sulu case: Madrid Court of Appeal upholds Stampa's conviction, sentence, says Azalina

Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.

Canada is looking at EV tariff policy after Biden’s move against China

<p>Berjaya Asset Bhd (KL:BJASSET) on Saturday officially launched Times Square 2, a luxury serviced apartment development located next to Berjaya Times Square in Jalan Imbi, Kuala Lumpur.</p>


Berjaya Asset officially launches Times Square 2

<p>The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.</p>


<p>Two men were arrested on Friday for attempting to trespass into Istana Negara.</p>

<p>In a statement on Friday, Kuala Lumpur police chief Commissioner Datuk Rusdi Mohd Isa said a police officer had stopped a Perodua Kembara vehicle that had attempted to enter Gate 3 of Istana Negara with the passengers intending to meet the King.</p>


Two men arrested for attempting to trespass into Istana Negara

<p>From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.</p>

<p>Of the world’s 20 largest stock markets, 14 have hit all-time highs recently.</p>


<p>Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.</p>

<p>In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.</p>


<p>Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.</p>

<p>Inspector-General of Police Tan Sri Razarudin Husain clarified that the initial statement of the suspect being a member of Jemaah Islamiyah (JI) was based on his father's involvement with the terrorist group.</p>


<p>Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.</p>


<p>A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.</p>


<p>Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.</p>


<p>China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.</p>


<p>All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.</p>


<p>If the past three years have taught us anything, it is that low inflation cannot be taken for granted.</p>


Trump’s Plans for the Fed Would Revive 1970s-Style Inflation The New Global Economy

<p>Singapore will resume flying its F-16 fleet after suspending training when one of the jets crashed earlier this month, the defence ministry on Saturday.</p>


Singapore to resume flying F-16 jets after crash this month

<p>The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.</p>
